China Animal Healthcare rated 'buy' by DMG

Stock Name: ChinaAniH
Company Name: CHINA ANIMAL HEALTHCARE LTD.
Research House: DMG

DMG & Partners Securities in a Feb 25 research report says: "4Q10 reported net profit of RMB32 million (-35% y-o-y; +136% q-o-q) was on 33% revenue growth to RMB176 million, stable gross profit margin at 75% and higher-than-expected HK dual-listing expenses of RMB43 million.

Read more...